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1Bitget Daily Report (October 29)｜Fed to Announce Rate Decision; Market Expects 25bp Cut; Visa Adds Multi-Chain Stablecoin Payments; Western Union to Launch Stablecoin on Solana2ARB/USDT Surges Amid Arbitrum Liquidity Influx and Rising On-Chain Trading Activity3DASH Rises Above $40–$42 Support, Eyes $60–$65 Breakout Momentum
Will the market perform best in the last two months of this year? Should we rush in now or exit?
If the four-year cycle theory is dead, how much further can bitcoin rise in this round?
BlockBeats·2025/10/29 02:32
Bitcoin Weekly Watch | Bulls and Bears to Face Off, Direction to Be Decided This Week!
Bitpush·2025/10/29 02:14
Bitcoin ‘ping-pong’ price action will stick until Fed FOMC and US-China deal wrap up
Cointelegraph·2025/10/29 01:57
Which were the best-performing months of the year? Should I hodl or sell during this bullish run?
BlockBeats·2025/10/29 01:25
Radpie - The upcoming "Convex" for RDNT
Since the Penpie $PNP IDO launch, its price once surged 5x. Riding on this momentum, Magpie announced it will continue to launch the "Convex" for Radiant $RDNT—Radpie—in the subDAO model. With multiple narratives supporting it, will Radpie be able to replicate or even surpass the returns of PNP?
CapitalismLab·2025/10/29 00:42
Litecoin, HBAR ETFs by Canary Capital Triumph in Vital Nasdaq Listing Stage
Amidst a Favorable Regulatory Climate, Canary Capital Advances in the Crypto ETF Space with Litecoin and HBAR Filings
Coineagle·2025/10/28 23:57
Explosive Interest in MegaETH Layer-2 ICO: $360M Pledged in Mere Minutes
Final Allocations to be Determined by Community Engagement Metrics, Following Rapid Oversubscription
Coineagle·2025/10/28 23:57
Massive Buybacks Lead to 1.29B PUMP Withdrawal from Pump.fun Rally
Whale Sparks Market Activity by Withdrawing Over a Billion Tokens as Pump.fun's Buybacks Surpass $150 Million
Coineagle·2025/10/28 23:57
BlackRock, Goldman Sachs Among 100+ Participants in Circle’s Arc Public Testnet Launch
Unveiling Arc: A New Blockchain Utilizing USDC as Native Gas Token with Major Tech and Financial Giants in the Testing Phase
Coineagle·2025/10/28 23:57
Flash
- 03:37Governor of the Bank of Korea: Premature introduction of a Korean won stablecoin raises concerns over exchange rate volatility and capital outflowsJinse Finance reported that Bank of Korea (the central bank) Governor Rhee Chang-yong stated, "If the Korean won stablecoin is introduced rashly, there will be serious concerns about exchange rate volatility in the foreign exchange market and capital outflows." Governor Rhee pointed out at the National Assembly's Planning and Finance Committee audit that, "Many people would take the Korean won stablecoin overseas, and this is indeed worrisome." He also emphasized, "It is important to first conduct pilot programs centered on banks, and only expand the scope gradually after effective control over foreign exchange outflows has been demonstrated." He reiterated his concerns, saying, "From the perspective of the authorities responsible for foreign exchange management, this issue is highly alarming. If a Korean won stablecoin is launched, there is a significant possibility of bypassing foreign exchange controls." In response to Democratic Party lawmaker Ahn Do-jae's suggestion to support the introduction of a Korean won stablecoin, Governor Rhee clearly expressed a different stance, stating, "My view is completely different from yours." At the same time, he pointed out, "I do not believe that launching a Korean won stablecoin will reduce the demand for dollar stablecoins, as those who want to convert assets into dollars will still choose to use dollar stablecoins." He also added, "Although it is still too early to say that dollar stablecoins will dominate the Korean won payment market, their usage will inevitably increase significantly in the future, so further efforts are needed to improve relevant regulatory measures."
- 03:29OpenSea releases the top tokens with the highest price increases in the past 24 hours, with ACE surging by 540.6%Jinse Finance reported that OpenSea released the tokens with the highest price increases in the past 24 hours: Ace Data Cloud (ACE), current price $0.007972, up 540.6%; Dragon Origin Realm (DOR), current price $0.2627, up 200.1%; Card Strategy (CSTRAT), current price $0.07382, up 115.5%; VPay by Virtuals (VPAY), current price $0.02272, up 78.2%; (Unnamed project), current price $0.01046, up 65.3%.
- 03:21Bitwise: A large-scale transfer of BTC from retail to institutional investors is currently underwayJinse Finance reported that André Dragosch, Head of Research Europe at Bitwise, stated on the 28th that bitcoin is currently being distributed from early retail investors to institutional investors such as funds/ETPs, corporations, and governments. Unlike other traditional asset classes in history, the adoption of bitcoin was initially driven by retail investors such as cypherpunks and early adopters, with family offices, fund managers, and ETF institutional investors only making their first investments in bitcoin later on. Even today, individual investors still hold about 66% of BTC. This means the vast majority of bitcoin is still controlled by non-institutional investors, and “we are still in the early stages” in terms of institutional adoption. Nevertheless, a large-scale transfer of BTC from retail to institutional investors is currently underway. At present, institutional investors (ETPs and treasury companies) hold about 12.5% of the BTC supply, and this figure is growing rapidly. This transfer is not something that can be achieved overnight; it is a long-term trend. Ultimately, this “great transfer” means that the price of BTC will need to be higher to incentivize BTC to move from early retail investors to institutional investors.